Alkane Resources Limited

PINK:ALKEF USA Gold
Market Cap
$519.16 Million
Market Cap Rank
#16377 Global
#6296 in USA
Share Price
$0.38
Change (1 day)
-13.64%
52-Week Range
$0.38 - $0.44
All Time High
$1.10
About

Alkane Resources Ltd operates as a gold exploration and production company in Australia. It explores for gold, copper, nickel, zinc, and silver deposits. The company also invests in junior gold mining companies and projects. Alkane Resources Ltd was incorporated in 1969 and is headquartered in West Perth, Australia.

Alkane Resources Limited - Asset Resilience Ratio

Latest as of June 2024: -1.84%

Alkane Resources Limited (ALKEF) has an Asset Resilience Ratio of -1.84% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
$-8.53 Million
Cash + Short-term Investments
Total Assets
$464.70 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (1992–2024)

This chart shows how Alkane Resources Limited's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Alkane Resources Limited's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $-8.53 Million -1.84%
Total Liquid Assets $-8.53 Million -1.84%

Asset Resilience Insights

  • Limited Liquidity: Alkane Resources Limited maintains only -1.84% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Alkane Resources Limited Industry Peers by Asset Resilience Ratio

Compare Alkane Resources Limited's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
McLaren Resources Inc
F:3ML
Gold 0.00%
PC Gold Ltd
AU:PC2
Gold 7.77%
4LE
F:4LE
Gold 0.95%
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
Gold 4.22%
Bahvest Resources Bhd
KLSE:0098
Gold 31.41%
Aruma Resources Ltd
AU:AAJ
Gold 46.02%

Annual Asset Resilience Ratio for Alkane Resources Limited (1992–2024)

The table below shows the annual Asset Resilience Ratio data for Alkane Resources Limited.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-06-30 -1.84% $-8.53 Million $464.70 Million --
2019-06-30 0.00% $0.00 $248.70 Million --
2018-06-30 0.00% $0.00 $259.83 Million --
2017-06-30 0.00% $0.00 $227.98 Million --
2016-06-30 0.00% $0.00 $238.28 Million --
2015-06-30 0.00% $0.00 $190.97 Million --
2014-06-30 2.46% $4.95 Million $200.99 Million -20.04pp
2013-06-30 22.50% $41.08 Million $182.56 Million +22.50pp
2012-06-30 0.00% $2.00K $65.15 Million 0.00pp
2011-06-30 0.01% $2.76K $46.84 Million -13.30pp
2010-06-30 13.31% $5.93 Million $44.55 Million +12.04pp
2009-06-30 1.26% $470.83K $37.31 Million +0.15pp
2008-06-30 1.11% $448.26K $40.32 Million -4.56pp
2007-06-30 5.67% $1.24 Million $21.79 Million +2.01pp
2006-06-30 3.67% $751.40K $20.48 Million -3.34pp
2005-06-30 7.00% $1.23 Million $17.55 Million -3.44pp
2004-06-30 10.44% $1.96 Million $18.78 Million +0.55pp
2003-06-30 9.90% $1.70 Million $17.16 Million +4.72pp
2002-06-30 5.18% $986.45K $19.04 Million +2.13pp
2001-06-30 3.05% $539.58K $17.67 Million +2.21pp
2000-06-30 0.84% $113.09K $13.43 Million -2.43pp
1999-06-30 3.27% $302.82K $9.25 Million +0.65pp
1998-06-30 2.62% $304.57K $11.62 Million -4.17pp
1997-06-30 6.79% $867.00K $12.76 Million +0.48pp
1996-06-30 6.31% $268.00K $4.25 Million -10.00pp
1995-06-30 16.31% $369.00K $2.26 Million +11.95pp
1994-06-30 4.35% $173.00K $3.98 Million +2.27pp
1992-06-30 2.08% $22.00K $1.06 Million --
pp = percentage points